Tensions between Washington and Beijing have deepened following US President Donald Trump’s announcement of sweeping new tariffs directed squarely at China. Whereas a 90-day suspension has been granted to most different nations, the measures concentrating on Chinese language imports stay firmly in place.
In a powerful show of defiance, Chinese language Overseas Ministry spokesperson Mao Ning posted a video from July 2021 that includes President Xi Jinping, captioned “By no means underestimate the sturdy resolve of the 1.4 billion Chinese language folks to defend their pursuits!” reflecting Beijing’s more and more hardened stance. Within the clip, Xi points a pointed warning to nations difficult China:
“Now we have by no means bullied, oppressed, or subjugated the folks of some other nation, and we by no means will. By the identical token, Chinese language folks won’t ever enable any international pressure to bully, oppress, or subjugate us. Anybody who would try to take action will discover themselves on a collision course with a terrific wall of metal cast by over 1.4 billion Chinese language folks,” Xi stated.
Additionally Learn:Trump Pauses ‘Reciprocal Tariffs’ for Most Nations, However Slaps 145% on China: A timeline of occasions since April 2 announcement
The message made it clear that China is standing its floor because the commerce battle with the US heats up. Because the world’s second-biggest economic system and a serious buying and selling associate for America, China hasn’t backed down—it’s been answering Trump’s tariff hikes with matching strikes of its personal.
Rhetoric heats up as tariffs climb
Earlier, Mao Ning had additionally shared an archival video of former Chinese language chief Mao Zedong referring to america as a “paper tiger,” invoking Chilly Battle-era rhetoric to border the intensifying standoff.
Whereas Trump paused import taxes on a number of nations, the US has raised tariffs on Chinese language items to a complete of 145 per cent , a transfer Beijing decried as “financial bullying.” The brand new tariffs are set to take impact on Saturday, prompting China to vow sturdy countermeasures.
Additionally Learn:’Don’t retaliate, you may be rewarded’: White Home after Trump hits 90-day pause on reciprocal tariffs on most nations
Washington’s continued escalation of tariffs “will turn out to be a joke within the historical past of the world economic system,” stated a Chinese language Finance Ministry spokesperson, warning that China “will resolutely counter and battle to the tip” if the US persists in undermining its pursuits.
China’s Commerce Ministry additionally introduced plans to file one other lawsuit towards america with the World Commerce Group.
“There are not any winners in a tariff conflict,” President Xi reiterated throughout a gathering with Spanish Prime Minister Pedro Sanchez, in response to a state media readout. “For greater than 70 years, China has all the time relied on itself and laborious work for growth—by no means counting on favors from anybody, and never fearing any unreasonable suppression.”
(With Inputs from AP)